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by alephnerd
226 days ago
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Also, Indian companies are competing with American and Israeli founded or funded companies and startups for the same talent. If you are competent, instead of earning $15k TC working for an automotive company, you could demand $40k-70k in TC from an MNC or a well funded startup (assuming you have the skills to back it up) - and those are the numbers my portfolio companies use to target hiring in India, as well as what I used previously before I became a VC. |
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During the startup/ZIRP era there might have been people doing the "right" thing because they had skin in the game thanks to stock options or they were paid just so fucking much that they didn't care about putting in the extra work. But as total comps go downward (coupled with inflation) the output's quality tends to regress to the minimum acceptable.